4340 Maryland Avenue
4340 Maryland Avenue St. Louis, Missouri 63108 United States

$8,950,000
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Listing Courtesy of St. Louis Apartment Experts Extremely rare opportunity to purchase a true "value add" investment with stabilized cash flows in the Central West End. Maryland Lofts is a 54 unit multi-family property consisting of 18 lofted 1br...
Listing Courtesy of St. Louis Apartment Experts
$8,950,000
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Annual taxes :
$53,697
.7281 Acres
Exterior
Commercial
Property type
1966
Year Built
22055662
Web Id
22055662
MLS ID
Peter Lindells 2nd Add
Subdivision
St. Louis City
School District
Adams Elem.
Elementary
Blewett Middle
Middle
Roosevelt High
High
$53,697
Annual taxes

About 4340 Maryland Avenue

Listing Courtesy of St. Louis Apartment Experts

Extremely rare opportunity to purchase a true "value add" investment with stabilized cash flows in the Central West End. Maryland Lofts is a 54 unit multi-family property consisting of 18 lofted 1br units and 36 efficiency apartments. The 1br apts are two story lofted units, and are very unique (13 have updated kitchens & w/d in unit). The efficiency units are highly sought after by young professionals and are simple and cost effective to turn. The property has been over 95% occupied for the past 10 years. The building also has additional neighborhood security provided by the Cathedral, and "TCF" (The City's Finest). A separate police dept within the city of St. Louis that services the Cathedral and surrounding area. Maryland Lofts was constructed in 1966 (copper wiring) and features solid brick construction with pitched roof's. The property was gut rehabbed in the 2000's, forced heat, central air, newer plumbing, new electric, windows, drywall, and a new storm sewer system

features

cooling
Propane Heating
Parking
Parking Lot

PROPERTY INFORMATION

Cooling
Electric
Heating
Forced Air
Parking Description
Parking Lot
Sewer
Public Sewer
Water
Public

EXTERIOR

Construction
Brick
This St. Louis Commercial is for Sale at $8,950,000 and was built in 1966. Has on a lot of .7281 Acres.

 

Listing Courtesy of St. Louis Apartment Experts
Listing Courtesy of St. Louis Apartment Experts
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